How to Get It Wrong, di Paul Krugman, NYT, 14 settembre 2014
It seems to me, however, that it’s important to realize that the enormous
intellectual failure of recent years took place at several levels. Clearly, economics
as a discipline went badly astray in the years — actually decades — leading up to
the crisis. But the failings of economics were greatly aggravated by the sins of
economists, who far too often let partisanship or personal self-aggrandizement
trump their professionalism. Last but not least, economic policy makers
systematically chose to hear only what they wanted to hear. And it is this
multilevel failure — not the inadequacy of economics alone — that accounts for
the terrible performance of Western economies since 2008.............
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